Technical Analysis Highlights #ETH🔥🔥🔥🔥🔥🔥

According to technical analysis model, between Aug. 8 at 07:00 UTC and Aug. 9 at 06:00 UTC, ETH rose from $3,914.59 to $4,160.29, a 6% gain, trading between $3,885.03 and $4,194.53.

The first breakout occurred at 13:00 UTC on Aug. 8, pushing prices above $4,000 on 646,459 ETH in volume, nearly triple the 24-hour average of 218,847 ETH.

A second surge at 05:00 UTC on Aug. 9 lifted prices to the session peak of $4,194.53 on 714,461 ETH in volume, again more than triple the daily average.

In the final hour (Aug. 9, 05:19–06:18 UTC), ETH moved from $4,157.33 to $4,194.53 before retreating to $4,158.50, with $42.52 in intraday swings.

Buying briefly pushed prices above $4,190 before profit-taking set in, establishing support between $4,155 and $4,160, suggesting consolidation as larger players locked in gains near the psychological $4,200 level.$ETH $BTC